The Nifty has fallen seven weeks in a row. From its January closing high of 26,328.55, it stood at 22,621.30 on 29 September, a 14.1% drawdown. Brent is hovering between $100 and $106. The US 10-year yield sits near 5.24%. The September series alone wiped off 5.67%. The usual explanations are circulating: tax changes, GDP…
Washington: Commerce Minister Piyush Goyal met US Trade Representative Jamieson Greer on the sidelines of the G20 Trade Ministerial in Milwaukee, as part of efforts by India and the US to reach a “balanced and mutually beneficial” trade agreement. The two leaders met on Wednesday as Prime Minister Narendra Modi and US President Donald Trump…
Lesson of mankind’s history: None learn from its lessons. War, violence, and peace are cyclical. Peace follows wars. But peace treaties often create the conditions for the next war. Wars follow peace. And the sheer destruction and exhaustion of war eventually forces nations to seek stability, building structures of peace to prevent further bloodshed. Let…
New Delhi: Prime Minister Narendra Modi on Wednesday hailed the Union Cabinet’s approval of the Green Energy Corridor Phase-III (GEC-III) scheme and the raising of the minimum support price (MSP) of wheat. Modi said the approval of the Green Energy Corridor will strengthen power grids across states and UTs, besides creating more jobs in manufacturing,…
Kolkata: The Enforcement Directorate on Tuesday searched 15 premises linked to former West Bengal minister Indranil Sen and others as part of a probe into alleged financial irregularities in holding Durga Puja preview shows and the sale of passes, officials said. The searches under the Prevention of Money Laundering Act (PMLA) began early in the…
Shrikant Rao With the commissioning of its landmark Rs 5,427-crore integrated iron ore project in Chhattisgarh on September 27, 2026, the state-owned National Mineral Development Corporation (NMDC), India’s premier public sector mining heavyweight, has unveiled a massive logistics and sustainability breakthrough that permanently alters the economics of India’s domestic steel sector. The infrastructure launch includes…
Washington: US President Donald Trump on Monday unveiled Essar Group’s plans to build a massive steel plant in Iowa, at an investment of USD 15 billion. Trump made the announcement in the Oval Office with Essar Group co-founder Ravi Ruia and his son Rewant by his side. “Today, we’re thrilled to announce that Mesabi Metallics…
Ahmedabad: E20 petrol can significantly reduce imports and substantially increase self-reliance, ONGC Director (exploration) Om Prakash Sinha said on Monday. Sinha was speaking at the curtain raiser for India Energy Week (IEW) 2027 organised at the ONGC Institute of Reservoir Studies in Ahmedabad. “E20 petrol is a challenge, but with technology there will also be…
On 24 September 2026, the Securities and Exchange Board of India (SEBI) approved a major overhaul of the portfolio management services (PMS) framework through the new SEBI (Portfolio Managers) Regulations, 2026, which replace the earlier 2020 regulations. One of the most significant innovations under this overhaul is the introduction of the Portfolio Managers Route for…
Mumbai: Tata Trusts, which own 66 per cent of Tata Sons, have proposed merging two operating companies with the Tata Group’s holding company in a restructuring that would allow it to shed its classification as a non-banking financial company and a core investment company, helping it retain its status as an unlisted private company. The…
